Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Short Interest Update

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 1,628,800 shares, an increase of 7.2% from the May 31st total of 1,518,700 shares. Based on an average daily volume of 26,300 shares, the short-interest ratio is presently 61.9 days.

Dundee Precious Metals Price Performance

Shares of Dundee Precious Metals stock opened at $8.07 on Thursday. Dundee Precious Metals has a 1 year low of $5.78 and a 1 year high of $8.50. The firm’s 50-day moving average is $7.98 and its 200 day moving average is $7.24. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 7.69 and a beta of 0.68.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its earnings results on Tuesday, May 7th. The company reported $0.18 earnings per share for the quarter. Dundee Precious Metals had a return on equity of 15.57% and a net margin of 33.95%. The business had revenue of $123.80 million during the quarter.

Dundee Precious Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Sunday, June 30th will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Friday, June 28th. Dundee Precious Metals’s dividend payout ratio (DPR) is 15.24%.

About Dundee Precious Metals

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.